BATES 43B-31-B

BATES 43B-31-B is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Parsley Energy Operations, Llc. It has 2 wellbores on file with the Commission. Reported production runs from July 2019 to August 2026, totalling 446,148 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $94K, with roughly $27K expected over the next twelve months.

OperatorParsley Energy Operations, Llc
FieldSpraberry (Trend Area) R 40 Exc
CountyReagan County, Texas
RRC district7C
Lease number20535
Wellbores2
Reported production446,148 bbl
First reportedJuly 2019
Last reportedAugust 2026
Estimated royalty value$94K

Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal.